Matrix Concepts sets sights on next stage of growth


Datuk Seri Lee Tian Hock, founder and group executive deputy chairman of Matrix Concepts (left), and Datuk Haji Mohamad Haslah Mohamad Amin, chairman

KUALA LUMPUR: Matrix Concepts Holdings Bhd is looking ahead to the next major phase of transformative growth, underpinned by a development pipeline of more than RM20bil over the next decade.

For the financial year ending March 31, 2025 (FY25), the group anticipates continued growth supported by ongoing projects, strategic expansions, and its strategically diversified business segments.

The developer is targeting RM1.3bil of new property sales in FY2025, with a strategic launch pipeline for the year exceeding RM1.6bil in value, strategically located across key regions including Negeri Sembilan, Klang Valley, and Johor.

Matrix Concepts said its optimism is underpinned by recent resilient financial performance, general economic improvements and renewed homebuyers’ sentiment.

According to chairman Datuk Mohamad Haslah Mohamad Amin, the launch of Malaysia Vision Valley City, scheduled for FY26, will serve as a major game-changer and propel the firm to greater heights among the elite property developers in the country.

"Leveraging on our experience, we hope to replicate and elevate the execution success at Sendayan Developments.

"We are already seeing encouraging response for our industrial properties and mulling on bringing forward these launches to fulfill this demand, following the success of our fully sold industrial properties at Sendayan Tech Valley."

He said the group is also looking forward to growing contributions from our other business units.

"In the past, we have mentioned our intent to diversify our revenue stream, and the positive outlook from Mawar Medical Centre is fair impression on the seriousness of our efforts," he added.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Matrix Concepts , property , developer , healthcare

Next In Business News

S&P affirms Public Bank’s ‘A-’ rating with stable outlook
Indonesia, Malaysia have approved asset transfers to new Eni-PETRONAS JV, PETRONAS exec says
Pecca appoints Mazlan Mansor as chairman
BHIC swings to profit in 1Q26, eyes expansion in defence segments
DRB-HICOM’s 1Q26 net profit more than doubles
Genting posts higher 1Q26 profit; Genting Malaysia slips into loss
7-Eleven Malaysia’s 1Q profit halves despite higher revenue
Asteel wins RM14mil contract
MNRB FY26 profit soars to RM545.4mil, sets new earnings benchmark
Scanwolf wins RM11mil factory job

Others Also Read